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The Gemini spacecraft initially comes down on its parachute in what is referred
to as a "single point suspension," where the spacecraft is attached to the
parachute lines at a single point at the center
of the forward end of the re-entry control system section. After a time,
the spacecraft transitions to a two-point suspension, where the spacecraft is
attached to the parachute lines at points at the forward and aft ends of the
spacecraft, so it impacts the water "hatches up."

During the time that the spacecraft is in the single point configuration, the
parachute lines (or "bridles") for the two-point configuration run through the
"jog" in the metal ring near the 2:00 position and are stowed in the bridle trough that runs between the hatches
toward the aft end of the spacecraft.